The Bank of England’s decision to raise interest rates for the 13th time in row is a hammer blow to hundreds of thousands of UK homeowners who are now facing double digit repayment rates as new research shows the devastating toll this is taking on ‘mortgage prisoners’ – those trapped on high interest rates since the collapse of Northern Rock during the last financial crisis. Joining me today to discuss this in further detail is lawyer from Harcus Parker, Olivia Selley.
